Money laundering has become more visible in global trade over the past few years, and several organizations are trying to identify and prevent it.
We spoke to BACB’s new Money Laundering Reporting Officer on the new risks when combating fraud, and the role new technologies can play in fighting financial crime.
In a year that shook the foundation of trade, these innovators rose to the challenge and helped the industry to digitalise
TFG heard from José Manuel Campa, Chairperson, EBA on the key initiatives taken by the banking sector to support the economy post-Covid such as technology and innovation in banks and prevention of financial crime.
Considering the stakes involved in managing the AML/KYC compliances are high, banks/ FI should carefully assess the options available with them and look holistically to mitigate the risk.
financial crime risk, just like any other risk, can be better understood using data and modelling techniques, instead of common wisdom. TFG heard from Sihem Mouelhi at Elucidate to find out more.
The financial crisis of 2007/2008 triggered many after-shocks. One was the knock to global trade. We heard from David Morris, Relationship Director at The London Institute of Banking & Finance for his views.